Fiscal Note - State of Utah - 2012 General Session
HB0059 - Alcoholic Beverage Control Act - Liquor Revenues for Public Education
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce revenue to the General Fund by an estimated $31,580,833 ongoing beginning in FY 2013. There will be a corresponding increase in Education Fund revenue. The bill appropriates the reallocated revenue from the Education Fund to local education agencies.
| State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
| Revenue: | |||
| General Fund | $0 | ($31,580,833) | ($31,580,833) |
| Education Fund | $0 | $31,580,833 | $31,580,833 |
| Total Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| Education Fund | $0 | $31,580,833 | $31,580,833 |
| Total Expenditure | $0 | $31,580,833 | $31,580,833 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($31,580,833) | ($31,580,833) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($31,580,833) | ($31,580,833) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for counties or cities. Local education agencies would receive the benefit of the diverted funds totalling $31,580,833.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.
| 1/20/2012, 9:36:35 AM, Lead Analyst: Wilko, A./Attny: PO | Office of the Legislative Fiscal Analyst |